By Staff Reporter
ISLAMABAD: Prime Minister Shehbaz Sharif expressed optimism on Wednesday that the International Monetary Fund (IMF) executive board would approve a $3 billion loan program, a lifeline for its struggling economy, later today.
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Four soldiers killed in militant attack on army base in southwestern Pakistan
By Staff Reporter
ISLAMABAD: Suspected Islamist militants attacked a Pakistani army base in the southwestern Balochistan province early Wednesday, killing four soldiers and wounding five others in a brazen assault that highlighted the security challenges facing the country.
PM Sharif says government to end on Aug 14, election date up to regulator
By Staff Reporter
ISLAMABAD: Prime Minister Shehbaz Sharif said on Wednesday his coalition government would complete its term on August 14 and the election regulator would decide whether to hold polls in October or November.
Pakistan drops two state-owned firms from privatization list
By Staff Reporter
ISLAMABAD: Pakistan has removed two state-owned engineering companies from its active list of privatizations, citing unresolved legal and financial issues.
Car sales crash 82pc in June
By Staff Reporter
KARACHI: Pakistan’s car sales plummeted 82 percent in June from a year earlier, hit by non-production days, soaring prices and weak demand, industry data showed on Tuesday, but they rose slightly from the previous month.
Pakistan braces for possible floods, landslides as heavy rains loom
By Staff Reporter
ISLAMABAD: Pakistan’s climate change minister on Sunday warned of possible floods and landslides as heavy rains with thunderstorms were forecast across the country over the next two days, and urged public and non-government organisations to be ready.
EU considers GSP+ extension to Pakistan amid human rights scrutiny
By Staff Reporter
ISLAMABAD: The European Union has proposed to extend Pakistan’s preferential trade status for another four years, the EU envoy to Pakistan said on Sunday, as the South Asian nation faces scrutiny over its human rights record.
PM Sharif denounces online rumours of assassination plot against army chief
By Staff Reporter
ISLAMABAD: Pakistan Prime Minister Shehbaz Sharif on Sunday slammed a social media campaign that claimed an attempt was made to kill the country’s army chief, General Asim Munir, and vowed to “crush all conspiracies” against the nation and its institutions.
Twitter blocks Pakistan’s official account in Gilgit-Baltistan, changes location to India
By Staff Reporter
ISLAMABAD: Twitter has blocked access to the official account of the government of Pakistan in the country’s scenic northern region of Gilgit-Baltistan and changed its location to parts of Indian-occupied Kashmir, Dawn newspaper reported on Sunday.
Pakistan approves new investment policy to lure foreign investors
By Staff Reporter
ISLAMABAD: Pakistan has approved a new investment policy for 2023 that aims to attract foreign and domestic investors by offering incentives, easing regulations, and creating special economic zones, the government said.